SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 20 Aug, 2019  

Helicopter.Thmb.jpg May look beyond France for chopper unit: Naik

Helicopter.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 20 Aug, 2019
If France is not willing to collaborate with a proposed project for maintenance, repair and overhaul (MRO) of helicopters in Goa, the Defence Ministry is willing to look for other partners, Union Minister of State for Defence Shripad Naik said on Tuesday.

Naik also admitted to delay in setting up of the project, which was first proposed by former Defence minister Manohar Parrikar, but added that a breakthrough would be on cards within three months.

"In between that process has slowed down. If France is not ready, we will take another partner and the project will come, 100 per cent. It is time consuming," Naik said at a press conference here.

France-based Safran group, which provides supplies to fighter jet manufacturer Rafale, in association with Bengaluru-based Hindustan Aeronautics Limited (HAL), were scheduled to set up a Rs 170-crore facility for helicopter repair and maintenance in North Goa district.

The project was announced by Parrikar in 2016, but has been running behind schedule.

"That proposal was in collaboration with the French government," Naik said, adding that irrespective of the collaborating partner, the project will get completed. "It is a time consuming. But within three months, it will happen," Naik added.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter